Jordan shock Australia in Asian Cup clash

first_imgAustralia’s bid to defend their Asian Cup crown began in miserable fashion as they slumped to a shock 1-0 loss to Jordan in Al Ain on Sunday.Anas Bani Yaseen’s bullet header midway through the first half gave the unfancied underdogs a hard-earned and entirely deserved victory in the opening fixture of Group B.Though content to sit back and counter, Vital Borkelmans’ men forced Mat Ryan into regular saves and could have had a second to celebrate if not for a fine save from the Brighton and Hove Albion goalkeeper. Article continues below Editors’ Picks ‘There is no creativity’ – Can Solskjaer get Man Utd scoring freely again? ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Awer Mabil also tested the woodwork late in proceedings, while Jamie Maclaren had a goal ruled out for offside, but concerns over Australia’s ability to replace the goals of the retired Tim Cahill are threatening to linger throughout the tournament.What a moment for @JordanFA’s number !The #AsianCup2019 treating us right  pic.twitter.com/TJErgDjfb7— #AsianCup2019 (@afcasiancup) January 6, 2019Australia were nervous from the outset and their sloppy start was punished in the 26th minute, centre-back Bani Yaseen rising unchallenged to head in Mousa Suleiman’s corner.The margin was so nearly doubled four minutes later as Mat Ryan acrobatically tipped Baha Abdel-Rahman’s free-kick against the crossbar.Graham Arnold’s men created little in the first half outside of an early Mabil chance, although they were unfortunate not to receive a penalty for Feras Shilbaya’s apparent handball shortly before the break.Chris Ikonomidis came on in place of Robbie Kruse soon after the restart and the Perth Glory winger quickly threatened in following up a shot from Tom Rogic, who scooped a better opportunity over the bar inside the final 20 minutes.But for all their possession and territory, the Socceroos were scarcely a threat outside of a Mabil shot into the upright and a Jamie Maclaren finish that was ruled out for offside.Ikonomidis and Jackson Irvine did attempt to force in an equaliser in one final stoppage-time push, but Amer Shafi was up to the task with a smart double save for a jubilant Jordan.What does it mean? Australia’s attack must be addressedA reported groin problem forced Andrew Nabbout out of Australia’s expected starting XI and left Arnold able to select just one member – playmaker Rogic – of his preferred front four.Hibernian striker Maclaren was inserted at the point of attack but, like the much-maligned Kruse, was ineffective, and questions continue to hang over just how the Socceroos will score the goals needed to be a success in the United Arab EmiratesTop marks for AteyahJordan’s paucity of possession, just 23 per cent, meant complete concentration was required in defence and the alert Khalil Bani Ateyah set the standard.The midfielder was industrious and intelligent inside his own half and finished with 12 tackles and four interceptions in an impressive display.Luongo lacks intensityMuch was said about Bert van Marwijk’s decision not to employ Massimo Luongo at the World Cup but, starting alongside captain Mark Milligan, the Asian Cup’s reigning Player of the Tournament did little to prove that decision wrong.Luongo’s decision-making in possession always seemed unnecessarily delayed and he was statuesque as Bani Yaseen nodded home the opener.What’s next?Jordan will attempt to build on their tilt at topping Group B when they meet Syria on Thursday.Australia are in action the following the day, a date with Palestine presenting an opportunity to restore order to their campaign. read morelast_img read more

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Republic Financial Holdings limited to acquire Scotiabanks banking operations in Guyana

Ronald F deC. Harford, Chairman of RFHLRepublic Financial Holdings Limited (RFHL) on Tuesday announced that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana, St. Maarten and the Eastern Caribbean territories, including Anguilla, Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.In a statement on the acquisitions, the Trinidadian based company said that “the purchase price is US$123 million, which represents US$25 million consideration for total shareholding of Scotiabank Anguilla Limited; and a premium of US$98 million over net asset value for operations in the remaining eight (8) countries. This price does not include any amounts required to capitalise the branches post-closing. The agreement, executed on November 27, 2018 signalled the commencement of a transaction that is subject to all regulatory and other customary approvals and conditions.”In making the announcement, Ronald F deC. Harford, Chairman of RFHL, said “This acquisition represents another major milestone for the Republic Group. As we grow and acquire significant positions in our existing markets, it is important that we continue to broaden our footprint, regionally and internationally. This agreement, which is subject to all regulatory approvals, affords us the opportunity to reach more clients in the Eastern Caribbean and Guyana, two markets we are familiar with, and build new relationships in St. Maarten. We are confident that our expanded presence or entrance in those markets will redound to the benefit of Scotiabank’s clients and employees as well as Republic’s existing stakeholders. I would like to thank Scotiabank for the confidence expressed in our ability to look after their valuable clients, and we are pleased that all impacted employees of Scotiabank in the 9 countries will join the Republic Group.”The Republic Group’s total asset base as at September 30, 2018 stood at US$10.5 billion, with equity at US$1.5 billion and profits attributable to shareholders for the year ended September 30, 2018 of US$198 million.This acquisition, according to the statement, will increase the Group’s asset size by approximately US$2.5 billion and will be accretive to the earnings of the Group by approximately US$ 0.20 per share. Citigroup Global Markets Inc. is advising RFHL on this transaction.“Scotiabank is proud to work with the Republic Group – a leader in financial services in the Caribbean who is well positioned to invest and grow the business, and to provide customers across the region with leading financial solutions that meet their needs,” said Ignacio (Nacho) Deschamps, Group Head, International Banking at Scotiabank.Harford explained that RFHL’s focus on seeking out expansion opportunities in the Caribbean is a testament to the Group’s confidence in and commitment to the Caribbean region. He added, “We have a proven track record of adding value to the markets we enter, and we look forward to partnering with the teams in these territories to deliver excellence in customer satisfaction, employee engagement and social responsibility.” Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedAnalyst points to job losses, market domination with Republic Bank acquiring Scotiabank’s operationsDecember 5, 2018In “Business”Scotiabank acquisition: Govt worried Republic Bank may wield too much influenceNovember 27, 2018In “Business”Antigua insists on deal for local banks in exchange for giving green-light for Scotiabank saleDecember 14, 2018In “latest news” read more

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